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re: A snap shot of the real estate market collapse
Posted on 9/30/24 at 10:57 am to roobedoo
Posted on 9/30/24 at 10:57 am to roobedoo
quote:
Dallas area has communities built with “lagoons”. Massive, shallow pools with a beach. They are nice, but HOA fee is over 1000 per month.
Eh getting screwed then. I live in probably one of the newer areas, HOA fee is roughly 1500 a quarter now (went up last year and people are still fighting even that). We have literally everything you can think of
0
Posted on 10/1/24 at 10:31 am to Trevaylin
Posted on 10/2/24 at 8:12 am to Longhorn Actual
quote:
Single family homes, no. Condos, which are also homes, are typically based on square footage (which is correlated to value/price). Larger condo, higher HOA fee.
This is far from true in my experience.
Posted on 10/2/24 at 8:22 am to idontyield
quote:
Colorado just got hit with property tax bills from Covid sales, not good. A lot of homes around me going up for sale, wondering if the higher ownership cost finally pushed em out. I bought my house in 2011 and my mortgage payment with escrow has gone up almost 40% due to taxes and insurance increases.
Where is this? I have properties in Boulder and prices have barely gone up since 2019. Boulder County had that nasty fire (1,500+ homes) and insurance costs increased minimally. I feel like the values of properties in Boulder have increased significantly and the ease of selling hasn’t subsided.
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